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Steamship Mutual returns to underwriting profit
Peer UK P&I Club reports a combined ratio of 120 percent on the high cost of claims.
Samuel Casey
,
03 June 2020
Newman Pearce hires QBE executive as international casualty director
Chris Lavender was QBE Europe’s portfolio manager for its Lloyd’s and company market Australian casualty book.
Anna Sagar
,
03 June 2020
Lancashire and Beazley among hard market biggest winners: UBS
Analyst Jonny Urwin estimates a $20bn shortfall between available (re)insurance capital and demand.
Samuel Casey
,
03 June 2020
Zurich hires for A&H group in UK, US and Australia
Chris Howard, Nicole Yates and Stephane Baj join from WNC, Axa XL and Chubb.
Rachel Dalton
,
03 June 2020
AIG receives $2.2bn as Carlyle and T&D close Fortitude purchase
The deal was announced in November last year, setting Fortitude Re on the path to independence.
Samuel Casey
,
03 June 2020
Swiss Re to become ‘cornerstone investor’ in China Pacific
The Swiss carrier will take a 1.5 percent stake by buying into a London global depositary receipt listing.
Anna Sagar
,
03 June 2020
Brit names Wade as consultant and external ambassador
The London market veteran holds several advisory positions and assists the UK government.
Samuel Casey
,
03 June 2020
RenRe prices stock issue to raise $913mn
The shares change hands at a 0.6 percent premium to the undisturbed price, though more than 5 percent below Tuesday's close.
Samuel Casey
,
03 June 2020
Insider 50: Global P&C stocks outpace wider market in May
The index grew by 5.1 percent as stock markets continue to recover from Covid-19-induced record lows in March.
Khilan Shah
,
03 June 2020
Insurance gender pay gap narrows to 30% but still over double UK average
Analysis of the limited number of insurance company reporters shows a slight improvement in median gender pay for 2019.
Charlie Thomas
,
03 June 2020
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